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Essex Property Trust Inc  (ESS)
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    Sector  Financial    Industry Real Estate Investment Trusts
 
 

EARNINGS REPORT by CSIMarket

Profits Soar by 128.57 %, Single Digit Topline Growth


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Essex Property Trust Inc announced first quarter 2017 operating income of $109.231 millions



For the first quarter 2017 Essex Property Trust Inc earnings per share more than doubled by 128.57 % of $2.72 per share compare to $1.19 a year ago and eps decreased by -8.76 % from $2.98 per share from the previous quarter.

Sales grew by 6.75 % to $335 millions from $314 millions in the same quarter a year ago and sequentially Sales increased by 1.93 % from $329 millions.



Net income of $188 millions in the first quarter 2017 increased by 115.81 % from net earnings of $87 millions reported in the first quarter 2017 a year ago. Essex Property Trust Inc also emphasized it's improving profit margins, where net margin rose to 55.92% in first quarter 2017, and operating margin edged up to 32.57%.
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Essex Property Trust Inc reported forth quarter 2016 earnings

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Essex Property Trust Inc reported second quarter 2016 earnings



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